Why have many communist systems struggled with economic...

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2025-10-03 02:10:51 - Translate -

Why have many communist systems struggled with economic inefficiency and lack of innovation except China?

Most traditional communist systems struggled with economic inefficiency and a lack of innovation because of their centrally planned economies and the absence of market-based incentives. China's path diverged from this historical pattern because it systematically and gradually introduced market reforms while maintaining political control. The general failures of traditional communist...

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